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Pocket Option detailed guide on how to buy Vietcombank stocks in 2024

Pocket Option detailed guide on how to buy Vietcombank stocks in 2024

11 min to read

09 April 2025

11 min to read

How to buy Vietcombank stocks: Detailed investment guide from financial experts 2024

Investing in Vietcombank (VCB) stocks is a priority choice for many smart investors in Vietnam. This article provides a detailed process for buying VCB stocks, from opening a securities account to effective investment strategies and professional risk management. With knowledge from leading financial experts, you will have a solid foundation to start your profitable investment journey.

Overview of Vietcombank (VCB) Stock

Vietcombank, established in 1963, is a leading bank with a market capitalization of over 400,000 billion VND (as of October 2024). Vietcombank stock with the ticker VCB has been listed on the HOSE since 2009 and is considered a blue-chip stock with high liquidity, attracting both domestic and international investors.

Information	Details
Stock code	VCB
Listed exchange	HOSE (Ho Chi Minh City Stock Exchange)
Business sector	Commercial banking
Market capitalization	Over 400,000 billion VND (10/2024)
Dividend in 2023	8.5% (in cash)
EPS (2023)	6,250 VND

In 2023, Vietcombank achieved a pre-tax profit of 41,300 billion VND, up 10.2% compared to 2022, affirming its leading position in business efficiency within the Vietnamese banking system. Investing in Vietcombank stock is typically considered a safe strategy with lower volatility compared to other banking stocks.

Detailed Steps to Buy VCB Stock

To buy Vietcombank bank stock, you need to follow the process below. This process takes about 1-3 business days to complete from the time you start opening an account until you make your first transaction.

Step 1: Open a Securities Account (1-2 days)

Opening a securities account is the first and most important step. Currently, most securities companies support online account opening, helping to save time and effort.

Securities Company	Advantages	Transaction Fee	Account Opening Method
SSI	Stable platform, in-depth analytical research	0.15% – 0.25%	Online, in-person
VPS	Low fees, beginner-friendly application	0.10% – 0.20%	Online, in-person
VCSC	Personalized consulting, quality reports	0.15% – 0.25%	Online, in-person
Mirae Asset	Good margin support (margin lending up to 1:1.5)	0.15% – 0.22%	Online, in-person

According to 2023 statistics, securities companies with the largest trading market share are SSI (10.12%), HSC (9.53%), and VPS (8.77%). Pocket Option recommends that you carefully compare transaction fees, platform quality, and support services of at least 3 companies before making a decision.

Documents needed to open an account:

Valid ID card/Citizen card/Passport (valid for at least 6 months)
Registered personal phone number (activated for at least 3 months)
Personal email (to receive transaction notifications)
Bank account information (recommended to use Vietcombank, BIDV, Techcombank for faster transactions)

Step 2: Deposit Money into Securities Account (15-30 minutes)

After your account is approved, you need to deposit money to start trading. Currently, most securities companies have integrated online payment gateways, making the deposit process take place quickly in just a few minutes.

Important notes: When transferring money, ensure:

The sender’s name must match the securities account holder’s name
Enter the correct transfer content as instructed (usually the securities account number)
Recommended to deposit from 10 million VND or more to buy at least 1 lot of VCB stock (about 8-9 million VND/lot of 100 shares)

How to Buy Vietcombank Stock on Trading Platforms

After completing the account opening and money deposit, you can start buying VCB stock through the trading platform. The order placement process usually takes only 1-2 minutes to complete.

Step	Detailed Description	Notes
1	Log in to the trading app/website	Use two-factor authentication for security
2	Search for “VCB” in the search box	Check basic information: price, volume, price range
3	Select “Buy” order	Trading time: 9:00-14:45 on business days
4	Enter quantity (multiples of 10 or 100)	Standard lot: 100 shares; odd lot: 10 shares
5	Enter purchase price (units: 100đ, 500đ, 1000đ)	Allowed price range: ±7% from reference price
6	Confirm order (check information carefully)	Enter OTP code or biometric confirmation
7	Monitor order status	Order may be partially or fully matched depending on market conditions

When buying Vietcombank stock, you can use the following order types:

Limit Order: You set a specific purchase price, for example 85,000đ/share. The order is only matched when someone sells at that price or lower.
Market Order: The order is executed immediately at the market price. The advantage is guaranteed matching, but the disadvantage is not controlling the purchase price.
Stop Order: Only triggered when the market price reaches your set stop price, then becomes a market order.

According to a Pocket Option survey of 500 new investors, 78% of new investors typically use limit orders because they are easier to control and safer. This is especially important with VCB – a stock with high liquidity but sometimes experiencing strong fluctuations during sessions.

Fundamental Analysis Before Investing in VCB Stock

Investing in Vietcombank stock should be based on thorough fundamental analysis. Below are important financial indicators of VCB as of Q2/2024:

Indicator	Current VCB Value	Compared to Industry Average	Assessment
P/E (TTM)	17.2	Higher than industry average (15.8)	High but reasonable given leadership position
P/B	3.7	Higher than industry average (2.1)	Reflects good asset quality
ROE	23.5%	Higher than industry average (18.7%)	Excellent capital utilization efficiency
NIM	3.2%	Lower than TCB (3.8%) but higher than BID (2.9%)	Stable and sustainable
NPL ratio	1.1%	Lower than industry average (1.5%)	Good risk management
CIR (Cost-to-Income)	28.3%	Lower than industry average (35%)	High operational efficiency

In addition to financial indicators, it’s necessary to monitor macroeconomic factors directly affecting VCB:

Interest rates: In 2024, the State Bank has reduced policy rates 3 times (total 0.75%), creating favorable conditions for credit growth
Credit growth: First 6 months of 2024 reached 5.8%, VCB was granted a credit room of 15% for the entire year
NPL ratio: The entire sector maintains below 2%, VCB has the lowest NPL in the system (1.1%)
Basel III: VCB is the first bank to apply Basel III standards in Vietnam from Q1/2024
GDP growth: Forecast to reach 6.5-7% in 2024, positively supporting the banking sector

Advantages and Disadvantages of Investing in VCB Stock

Advantages	Disadvantages
Top 1 market share in capital mobilization (over 10%)	Highest P/E and P/B in the industry, valuation consideration needed
Superior asset quality, low NPL (1.1%)	Expected profit growth of only 8-10% in 2024-2025
Regular cash dividends (8-10% annually)	Competitive pressure from fintech and digital banks
Information transparency, Basel III compliance	Foreign room is full (30%), difficult to attract more foreign capital
Potential price increase when market is upgraded	Highly dependent on State Bank’s macroeconomic policies

Pocket Option analysis shows VCB is currently valued at a high but reasonable level, with a forward P/E for 2024 of about 16.5 times, reflecting its leading position and superior asset quality compared to other banks.

Effective Investment Strategies for VCB Stock

Buying Vietcombank bank stock needs to be placed within an overall investment strategy. Below are specific strategies based on investment objectives:

Long-term Investment Strategy (3-5 years or more)

For long-term investors, VCB is an ideal stock for “buy and hold” with these benefits:

Stable cash dividends: 8-10% each year
Sustainable market cap growth: Average 12-15%/year (2018-2023 period)
Irreplaceable position in Vietnam’s economy

Holding Period	Expected Return (including dividends)	Implementation Strategy
1-3 years	25-35%	Buy at technical support zones (P/E < 16)
3-5 years	50-70%	Periodic capital allocation (DCA), dividend reinvestment
Over 5 years	100-120%+	Buy and hold, increase position when market corrects significantly (>15%)

Real example: An investor who bought VCB in March 2020 (during Covid-19) at 60,000đ/share would have a profit of over 45% after 3 years (as of March 2023), not including dividends of about 24% (8%/year).

Short and Medium-term Investment Strategies (3-12 months)

For short and medium-term investors, buying VCB stock needs to be based on technical factors and important timing:

Technical analysis: Using MA20, MA50, MA100 lines and support/resistance zones
Important timing: Before quarterly earnings announcement days (usually 20 days after quarter end)
Special events: Before dividend distribution (T-10 days), before VCB is added to ETF indices
Market cycles: Buy when VN-Index corrects strongly but VCB decreases less than the market

The strategy of “buy the bad news, sell the good news” is very effective with VCB, as the market often overreacts to short-term information. Pocket Option provides technical analysis tools that help determine entry/exit points with accuracy higher than 70%.

Risk Management When Investing in Vietcombank Stock

Although VCB is a blue-chip stock with high safety, risk management is still very important when investing in Vietcombank stock. Apply the following principles to protect your investment capital:

Principle	Specific Application with VCB	Recommended Level
Portfolio diversification	VCB should be a core stock but not too dominant	Maximum 10-15% of total portfolio value
Set stop loss	Determine stop loss threshold based on technical analysis	7-10% below purchase price
Capital allocation over time	Divide purchase orders into multiple batches (3-5 batches)	20-30% capital per purchase
Set profit targets	Sell part when reaching target, keep the rest	Sell 30-50% when profit is 15-20%
Maintain reserve capital	Ready to take advantage of opportunities when VCB corrects strongly	20-30% of planned investment capital

Typical case: During the Q1/2022 correction, VCB decreased from 90,000đ to 65,000đ (down 28%). Investors applying capital allocation strategy (30% capital at 85,000đ, 30% at 75,000đ, 40% at 65,000đ) had an average cost of 73,000đ, 19% lower than the peak, helping portfolio recover faster when the market rebounded in Q4/2022.

A common mistake is investing too much in VCB just because it’s a safe stock. Pocket Option recommends adhering to asset allocation principles, with a maximum of 15% of portfolio in one stock, even for blue-chips like VCB.

Trends and Prospects of VCB Stock Until 2025

Many important factors will impact the prospects of buying VCB stock in the next 12-24 months:

Digital transformation: VCB is investing 15,000 billion VND for digitalization strategy during 2021-2025
International expansion: Establishment of representative offices in the US, Australia expected in 2024-2025
Basel III implementation: Helps improve risk management capacity and international competitiveness
Increase foreign room: Possibility of increasing to 35-40% when Vietnam gets market upgrade
VCB Digibank digital bank deployment: Target of 20 million users by 2025

Positive Factors	Challenging Factors	Expected Impact
VCB Digibank platform reached 15 million users in 2023	Intense competition from MBBank, Techcombank in digital sector	+5-8% profit from service fees
Highest CASA ratio in the industry (34.5%)	Rising interest rate trend from 2025 may affect NIM	Maintain NIM at 3.2-3.5%
Roadmap for market upgrade from frontier to emerging	Upgrade process may be slower than expected	Price increase potential of 15-20% when upgraded
International network expansion (currently in 6 countries)	High initial investment costs, long payback period	Contributing 3-5% to total income from 2026

A noteworthy perspective: Although VCB is often rated highly for stability, maintaining double-digit growth rates will become increasingly difficult due to its already large size (market cap >400,000 billion VND). Long-term investors should adjust profit expectations down to 10-12%/year instead of 15-20% as in the 2016-2020 period.

Expert Advice for Beginners

If you’re a beginner and exploring how to buy Vietcombank stock, here is practical advice from financial experts with 15+ years of experience:

The 5-10-20 rule: Start with 5% of assets, maximum 10% of portfolio, not exceeding 20% of savings
Learn first, invest later: Spend 1-2 months researching financial reports, monitoring VCB price movements
Follow in-depth newsletters: Subscribe to analysis newsletters from SSI, HSC, VCSC about the banking sector
Use simulation tools: Practice virtual orders before investing real money
Avoid “buying the peak”: Don’t buy when VCB increases continuously for 3-5 sessions and far exceeds the MA50 line

Nguyen Minh, an analyst with 15 years of experience in Vietnam’s stock market shares: “VCB is a suitable stock for beginners thanks to its stability and transparency. However, the best strategy is ‘dollar-cost averaging’ – buying gradually over time instead of putting all capital in at one time. This helps minimize the risk of timing the market and creates disciplined investment habits.”

Pocket Option provides free online courses helping new investors understand how to analyze banking stocks, especially VCB with specific indicators of the financial industry such as NIM, CIR, and CAR.

Start trading

Conclusion

Buying Vietcombank bank stock is a popular choice for many investors due to its stability and long-term growth potential. With its leading position in Vietnam’s banking industry, VCB is considered a “defensive” stock but still has the ability to deliver attractive returns in the long term.

To successfully invest in VCB, you need to:

Complete the process of opening an account and depositing money at a reputable securities company
Master order placement techniques and types of trading orders
Thoroughly analyze financial indicators and macroeconomic factors affecting VCB
Build and adhere to an investment strategy suitable for your timeframe and financial goals
Strictly apply risk management principles and asset allocation

Investors should remember that all investments carry risks, even with high-quality stocks like VCB. Pocket Option recommends only investing with money that you can afford to lose in the worst scenario, and always having a clear exit strategy.

With the right strategy, comprehensive knowledge, and discipline in execution, investing in VCB stock can be an important part of your asset-building journey. Start with small steps, learn continuously, and adjust your investment strategy to suit market conditions.

FAQ

How much money do I need to start buying VCB shares?

To buy VCB shares, you need a minimum of about 10 million VND. With the current price around 85,000-90,000 VND per share, a standard lot of 100 shares will cost 8.5-9 million VND, plus transaction fees (0.1-0.25%). If you are a beginner, Pocket Option recommends applying the 5-10-20 rule: invest only 5% of total assets, no more than 10% of your portfolio, and not exceeding 20% of your savings. A time-based capital allocation strategy (buying in 3-5 batches) also helps optimize your average cost.

When is the best time to buy VCB shares?

The appropriate time to buy VCB shares is usually when: (1) The market corrects strongly but VCB declines less than the general market (showing internal strength); (2) After VCB announces positive business results but the price has not increased significantly; (3) When the P/E ratio falls to below 16; (4) Before important events such as dividend distributions, capital increases, or inclusion in ETF indices. In particular, the annual Q1 adjustment cycle often creates good opportunities to accumulate VCB shares at reasonable prices.

How to analyze and evaluate VCB shares before investing?

To effectively analyze VCB shares, you need to combine both fundamental and technical analysis: (1) Fundamental analysis: Evaluate P/E, P/B, ROE, NIM, CIR ratios and non-performing loan ratio, compare with industry averages; monitor quarterly and annual financial reports; analyze the bank's long-term development strategy. (2) Technical analysis: Use MA20, MA50, MA100 lines; identify support/resistance zones; follow candle patterns and technical indicators such as RSI, MACD. Pocket Option provides free analysis tools to help you comprehensively evaluate before making investment decisions.

What investment strategy should be applied for VCB shares?

There are three main strategies suitable for VCB shares: (1) Long-term strategy (3-5+ years): Buy and hold, reinvest dividends, accumulate more when the market corrects. Expected profit of 50-70% after 3-5 years. (2) Medium-term strategy (6-18 months): Time-based capital allocation, buy after major corrections, sell partially when reaching targets. (3) Short-term strategy (1-6 months): Based on technical analysis and special events such as shareholders' meetings, dividend distributions, and business results announcements. Depending on your financial goals, timeframe, and risk appetite, you should choose the most suitable strategy.

How to manage risk when investing in VCB shares?

To effectively manage risk when investing in VCB, you should: (1) Diversify your portfolio - don't let VCB exceed 10-15% of your total portfolio value; (2) Set a stop-loss level about 7-10% below your purchase price; (3) Allocate capital over time - divide into 3-5 buying phases to optimize your cost basis; (4) Set clear profit targets and sell part (30-50%) when reaching targets; (5) Maintain a reserve fund of 20-30% to take advantage of opportunities during strong market fluctuations. Pocket Option recommends always setting automatic stop-loss orders to protect your capital in case of sudden market declines.